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When I got my K2 in 2009, I hung around the old forums on Amazon. It was populated at times with users screeching about Amazon "promising" Kindle books would always be $9.99 or lower.
I don't know what Amazon's wording was, but I'm sure they never promised what users said. Of course, that would be a crazy high price for many books.
I wonder, and this is without any knowledge of publishing etc, if the swing will continue to borrowing programs. I can read 3-5 books in a week in a couple of the genres I like for lite reading. Even at $3-5 a book, I can't afford to buy those books, nor do I want to. KU really suits my reading style.
For books not in KU, my public library fills the bill. I don't need to buy the majority of the books I may read, and when I do want to buy a book, I can handle a $10-12 price, more for non-fiction lengthy stuff that I know took years of research to put together.
I will sometimes like a book so much I want my own copy. But this isn't the norm.
It's like music...why amass a huge library of music/books when I can borrow/stream as part of existing subscriptions? For my way of listening/reading, these options work well.
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